Business News

Business

Ather Energy Empowers 1,300 Employees with Esops Ahead of Anticipated IPO

Ather Energy, preparing for its IPO in FY26, grants Esops to over 1,300 employees, valuing Rs 7 crore, to recognize their contributions and align incentives with business growth.

Business

IndusInd Bank Engages Grant Thornton for Comprehensive Fraud and Accounting Review

IndusInd Bank has appointed Grant Thornton to conduct a forensic review into accounting discrepancies and potential fraud, following a 23% drop in shares after revealing an overval...

Business

India Imposes Anti-Dumping Duties on Chinese Imports Including Vacuum Flasks and Aluminium Foil

India has imposed anti-dumping duties on five Chinese goods, including vacuum flasks and aluminium foil, to protect domestic industries from cheap imports. This move highlights Ind...

Business

Record Surge: Public Sector Banks' Dividends Jump 33% in 2023-24

Public sector banks in India have seen a 33% increase in dividend payouts to Rs 27,830 crore in 2023-24, showcasing a significant improvement in their financial health compared to ...

Business

Bombay HC Urged to Dismiss Skoda's $1.4 Billion Tax Plea Amid Catastrophic Warnings

The Bombay High Court is urged to dismiss Skoda Auto Volkswagen India's plea against a $1.4 billion tax demand, with warnings of catastrophic consequences. This case highlights the...

Business

Indian Stock Market Soars: Top 10 Firms See a Combined Market Cap Leap of Rs 3 Lakh Crore

The Indian stock market saw a significant increase last week, with the combined market capitalization of nine out of the top-10 most-valued companies rising by Rs 3,06,243.74 crore...

Business

Sebi Chief Advocates for Policy Stability Amid Global Uncertainties

Sebi chief Tuhin Kanta Pandey advocates for stable taxation laws for FPIs, emphasizing India's strong market returns and the importance of policy certainty amidst global uncertaint...

Business

Government Lifts 20% Export Duty on Onions, Offering Relief to Farmers and Exporters

The Indian government has scrapped the 20% export duty on onions, effective April 1, to support farmers and exporters. This move aims to ensure remunerative prices for farmers and ...